Question: E12.2 Table 12.1 shows the results (mean customer waiting time) obtained from 10 replications with a simulation model of a bank. Each replication was run

E12.2 Table 12.1 shows the results (mean customer waiting time) obtained from 10 replications with a simulation model of a bank. Each replication was run for a period of one day. It also shows the data collected by observing 10 days of operation of the bank. Does this data give confidence in the validity of the model?

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